Tag: British Business Bank

Cynergy Bank locks in £20m facility from British Business Investments

Cynergy Bank has proudly announced its acquisition of a £20m Tier 2 capital facility from British Business Investments.

Unlocking growth: UK government taps pension funds for £50bn SME boost

UK Chancellor Jeremy Hunt will unlock approximately £50bn from pension funds for investment into high-growth firms.

LSB shines light on SMEs’ green finance challenges

Highlighting the complexities of the SME green finance sector, new findings from the Lending Standards Board (LSB) examine the various challenges, opportunities, and strategies for banks and lenders to aid their customers on the path to sustainability.

Maven steers £1.42m injection into eLearning specialist iAM Compliant

Chester-based edtech firm, iAM Compliant Limited, which specialises in providing eLearning courses and a cloud-based compliance platform, has successfully secured a funding round.

FOLK2FOLK bags ?7m to support UK SMEs

FOLK2FOLK, a peer-to-peer (P2P) lender for rural and regional small businesses, has collected ?7m from British Business Investments.

Orka Technology Group secures £29m to scale team

Orka Technology Group has topped up its coffers with a £29m funding round to fuel the growth of its earned wage access product Orka Pay.

Assetz Capital receives £25m coronavirus cash injection from the British...

Peer-to-peer lender Assetz Capital has been given £25m from the British Business Bank for the UK Coronavirus Business Interruption Loan Scheme (CBILS).

Starling Bank CEO responds to Bounce Back Loan criticism from rejected...

Several small business owners have criticised Starling Bank for its handling of the governmental coronavirus relief loans scheme and now the challenger bank founder has responded to the criticism.

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